On June 9, a solo Bitcoin miner managed to mine a block at height 793,607, incomes the block reward of 6.25 BTC, price round $161,250 at this time costs.

The miner, identifiable on-chain as “151XTfHBfaDqoNWGGeYobNX2YzFFWuB5YD,” solved the block with an especially low hash rate of 17 terahashes per second (TH/s). This model the miner seemingly operated a S9 miner, infamous Dr. Con Kolivas, who started CK pool – the solo mining service that the miner historical to solve the block.

The S9 Antminer was as soon as released by Bitmain in 2017 and seen its profitability decline after global hashrate expanded in 2020, after which honest about about all machines were eradicated from the community. The machine can simplest be purchased in the secondary market and usually has a maximum hashrate of 13.5 TH/s.

Mining problem on the Bitcoin community currently sits at an all-time excessive of 51.23 trillion, making the percentages of successfully mining a block solo extremely uncommon. Serene, this is no longer the important thing instance of individual Bitcoin miners popping out ahead.

CK Pool by myself has reported four earlier conditions the attach a solo Bitcoin miner managed to successfully mine a block. However, irrespective of the affect that this mining pool might per chance maybe well need contributed to the solo miners’ possibilities, Kolivas says there might be never a special secret to beating the percentages.

“Other folks imagine that you’d like a sturdy enough ASIC to truly solve a block, and that’s no longer correct. In total, the more hash rate you’ve got, the more seemingly you might per chance maybe well also be to solve a block, but even the smallest miner can solve it,” he talked about in an interview with Bitcoin Magazine closing one year.